Japan 10 Year Govt Bond Yield Update 19 September 2025
BoJ today. I don't think they know what to do with rates
Yield on 10 year JGB at highest point since the GFC, but way too low at 1.65%.
Since rate cut fever hit on payrolls, market rates have come down, but not for Japan. The backdrop is rates rising this year as central banks cut. Have to say that yields can only go up in Japan unless inflation, at 2.5% currently, collapses.